RBI to ensure sustainable growth of NBFCs with adequate credit
Updated : December 28, 2018 06:40 PM IST
The NBFC sector is liquidity crisis after a series of defaults by Infrastructure Leasing & Financial Services (IL&FS) and its many subsidiaries since late August.
The report said the NBFC sector, with a size of around 15 percent of the commercial banks' combined balance sheet, has been growing robustly in recent years, providing an alternative source of funds to the commercial sector in the face of slowing bank credit.
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